Answer:
Step-by-step explanation:
To find the cost per square foot, we first need to calculate the total square footage of the banquet room. The formula for finding the area of a rectangle is length times width, so the total square footage would be 150 feet by 200 feet, or 30,000 square feet (150 feet x 200 feet = 30,000 square feet).
Next, we divide the total cost of renting the room ($2,400) by the total square footage (30,000 square feet) to get the cost per square foot. Here's the math:
Cost per square foot = Total cost of renting / Total square footage
Cost per square foot = $2,400 / 30,000 square feet
Cost per square foot = $0.08
So, the hotel charges $0.08 per square foot for renting the banquet room.
In summary, to calculate the cost per square foot for a rectangular space that is rented by the square foot:
1. Find the total square footage of the space.
2. Divide the total cost of renting the space by the total square footage to get the cost per square foot.
I hope that helps! Let me know if you have any other questions or concepts you'd like me to explain.
